Honda projects a 70% annual profit nose-dive this year because of Trump tariffs

fortune.com/asia/2025/05/13/honda-projects-70-annual-profit-nose-dive-2026-trump-tariffs

Honda’s profit for the fiscal year through March slipped 24.5% from the previous year, as its vehicle sales in China dropped, and the Japanese automaker warned Tuesday that President Donald Trump’s tariffs will worsen its earnings.
Tokyo-based Honda Motor Co., which dropped talks to…

This story appeared on fortune.com, 2025-05-13 10:23:19.
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